Me too. As a reminder, my evil plan is to start a bit of tentative buying back into US equity markets if / when SP500 gets below 3400, but I think there's still a pretty good chance we see it fall a good long way past that mark.
I'm not aware of one single best way. Value Line used to have an index that theoretically counted every stock in the US equally. But that failed, I think...
Ticker RSP is pretty good - the equal weighted SP500. Good easy place to start.
This problem is why I periodically post up returns from all the different corners of the market - so we can see what is working, what isn't, and what the general return is.
Seven of eight indexes on our world watch list posted losses through May 23, 2022. The top performer is London's FTSE 100 with a YTD gain of 1.75%. Tokyo's Nikkei 225 is in second with a loss of 6.22% and India's BSE SENSEX is in third with a loss of 6.81%. Coming in last is our own S&P 500 with a loss of 16.63% YTD.
have to say...if the goal of the Fed is to reduce demand so prices stop rising...all this downward economic activity we are seeing now might suggest that it is *mission accomplished* so rates don't have to rise much.
Certainly the 10 year is suggesting that is the case. It has found the 2.8-3.1 zone and hung out there. Bonds are smarter than stocks, right?
A fed guy has already suggested that this is exactly what is happening.
If people start thinking that is the case, it would be a positive for stocks and a turn for the market....unless we actually do have a recession (and not just a slowdown). A 3% 10 year is not a problem for the economy or for stocks.
I think the Fed and politicians did a great job setting up the absolute worst investment environment in decades. Many would have been better off if policy makers sat on their hands.
With an annual pension and Soc Sec of less than $80 per year, you hope to augment that a bit.
Instead my losses have dwarfed the income.
Tough to take.
Down more than $6k today
Make that $80k
Well, one of two things, you had quite a bit to begin with, or you were way too aggressive for your age. That said, unfortunately it is hard for me to imagine that if your positioning is maintained, results will improve much in subsequent quarters. If one had a contrary opinion, I would like to know what the catalyst would be.